Data / Bank failures / 1982 / Community BK of Washtenaw
Community BK of Washtenaw, Ypsilantai, MI: failed May 15, 1982
Community BK of Washtenaw in Ypsilantai, Michigan, failed on May 15, 1982. Michigan NB Ann Arbor of Ann Arbor, MI, took over its deposits. It held $19.9 million in assets and $18.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $242,786 (1.2% of its assets). By assets it was the 87th largest of 119 banks closed or assisted in 1982.
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The FDIC's record
- Closed
- May 15, 1982
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Michigan NB Ann Arbor, Ann Arbor, MI
- Total assets
- $19,915,000
- Total deposits
- $18,218,000
- Estimated cost to the FDIC
- $242,786 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 20794
Other bank failures in Michigan, 1980 to 1984
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| National Bank and Trust Company of Travers | Traverse City | March 9, 1984 | $104 million | $97.8 million | $12.2 million | NBD Northwest Bank NA |
| Guaranty FS&LA (assistance) | Taylor | July 22, 1983 | $143.4 million | $133.5 million | $1 million | Guaranty FS&LA |
| Metropolitan Sa (assistance) | Farmington | February 12, 1983 | $395.9 million | $254 million | $1.5 million | Empire of America, Fsa |
| American FS&LA (assistance) | Southfield | July 30, 1982 | $841.7 million | $475.8 million | $3.1 million | Empire of America, Fsa |
| First of Niles FS&LA (assistance) | Niles | October 14, 1980 | $131.8 million | $120.3 million | $13.3 million | Standard FS&LA |
All bank failures in 1982 · All bank failures in Michigan · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.